HELLA builds new electronics plant in Lithuania
HELLA KGaA Hueck & Co., one of the globally leading automotive suppliers for lighting and electronics, plans to open a new plant for electronics components in Lithuania. The decision in favor of the Lithuanian region Kaunas is currently in its final stages. The opening of the new electronics plant is anticipated for mid-2018. The investment volume for the first phase accounts for approximately up to 30 million Euros.
“Electronics is a fundamental cornerstone of our strategy”, says Dr Rolf Breidenbach, CEO of HELLA. “Especially in the light of the major industry trends of autonomous driving, electrification and digitalization, we’re anticipating increasing demand for our innovative electronics components. Therefore, the new production site in Lithuania is an important building block to continue the successful development of our electronics business.”
The Kaunas region in Lithuania is a traditional industrial region and boasts good infrastructure and a business-friendly environment with a highly qualified workforce. With a production surface of initially 7000 square meters, the new HELLA location in Lithuania will mainly produce sensors, actuators and control modules for the automotive industry. The number of employees will be approximately up to 250 in the first step.